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SEMA Market Research: Wheels, Tires and Suspension Up 5% in Combined Retail, Manufacturer Sales
The specialty-equipment market is divided into nine niches. For each of these, there are three segments, one of which is the wheel, tire and suspension category. Overall, the wheel, tire and suspension category rose nearly 2% in retail sales and 3% in manufacturer sales from 2007 to 2008. Light truck is the niche in which wheels, tires and suspension represent the largest percentage at $1.29 billion in manufacturer sales.
Read the latest on the wheel, tire and suspension market through "The Cool Necessities" article in the November issue of SEMA News.